Euronext second-quarter profit rises on surge in cash trading

July 30, 2015 5:51 AM

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July 30 Pan-European exchange operator Euronext said third- party quarterly revenue for the second quarter rose about 12 percent, driven by strong performance in its cash trading business as trading volumes increased amid economic uncertainty.

The uncertainty arising from a possible Greek exit from the Eurozone and a U.S. Federal Reserve rate hike likely this year fuelled trading on the exchange, which is the largest exchange in continental Europe for trading.

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